Wolfgang Schaeuble

German chancellor's party votes for new leader

Angela Merkel said she would step down as Christian Democratic Union party chief but remain chancellor in October.

France, Germany, Italy, Spain push for tax on digital giants’ revenues

The four European countries want digital multinationals like Amazon and Google to be taxed in Europe based on their revenues.

Merkel says she wants better ties with Turkey

However, the German Chancellor says the quest for improvement has been complicated, including by the jailing of German citizens swept up in Turkey's actions against those accused of involvement in last year's failed coup or terror-related activities.

Macron, Merkel vow to give Europe a new impetus

In keeping with tradition, France's new President Emmanuel Macron pays a visit to Germany a day after his inauguration.

Greek police intercept parcel bombs addressed to EU officials

Police say the packages were intended for officials at the Eurogroup and other global economic institutions.

Are the days of free trade over?

Financial leaders from the wealthiest nations haven't committed to fight trade protectionism at the recently-held G20 summit. Is this a response to US President Donald Trump's plan to revive America's ailing manufacturing sector?

G20 adopts list of principles to strengthen economic resilience

Financial leaders of the world's biggest economies dropped a pledge to keep global trade free and open after being unable to find a suitable compromise with an increasingly protectionist United States.

Greece's debt relief closer than ever?

Eurozone seems ready to help Greece with debt repayments after new tax reforms pass

Germany to launch new incentive scheme to sell electric cars

Germany will launch new incentive scheme to increase electric car sales by the end of the decade.

Officials say there is no deal between Greece and lenders

Euro zone and IMF officials say Greece and its lenders will not make deal to unlock loans and enable vital debt relief talks

ECB's Draghi defends central bank's low interest rates

Amid heated discussions over low interest rates with Germany, European Central Bank (ECB) keeps interest rates at current levels and head of central bank signals record low rates to remain for long time

UK firms delay deals ahead of EU referendum

According to British survey, big British firms mostly are delaying deals or hiring decisions ahead of EU vote